The conventional wisdom may be that buy now, pay later (BNPL) options are best suited for lower- to middle-income consumers, for smaller ticket items, and being able to afford necessities. But a spate of recent announcements underscores the widespread appeal of paying over time —...
Pay-later network Affirm says it is expanding its partnership with payments company Adyen. The expansion makes Affirm the first buy now, pay later (BNPL) provider to support Adyen’s payment solution for platform businesses, while also offering more payment options for Adyen merchants in Canada, according to a Wednesday...
More than one-third of U.S. consumers are struggling with cash flow shortages, forcing them to make tough choices about how they pay for everyday necessities. Millennials, lower-income consumers, and those living paycheck to paycheck are especially vulnerable. Those are some key takeaways from the recent...
Payment network Affirm and global investment firm Sixth Street have formed a long-term capital partnership in which Sixth Street will invest up to $4 billion by purchasing Affirm loans in a three-year forward flow agreement. This capital commitment will enable Affirm to extend up to...
Klarna says its pay later options are now available to Apple Pay users in Canada. The Swedish payments company announced the new integration Wednesday (Dec. 11), saying it was available online and in apps for iPhone/iPad users with iOS 18 and iPadOS 18 or later....
Affirm has partnered with eight more merchants to help their shoppers use flexible pay-over-time options. Consumers in the United States can now select Affirm as a payment option at checkout at Agape Diamonds, Discount Tire, Ever/body, FullBeauty, Garmin, Hotels.com, Living Spaces and Sweetwater, the buy...
Black Friday’s in the rearview mirror. Cyber Monday is here. Part of what incentivizes a consumer to buy is if and when their preferred payment method is available. It’s a testament to the power of choice and control (on the part of the shopper) that...
Global technology firm Lenovo now enables shoppers in 15 European countries to use Klarna’s flexible payment methods for purchases on Lenovo.com. This offering includes Klarna’s interest-free buy now, pay later (BNPL) options, the companies said in a Friday (Nov. 22) press release. “This partnership means that our customers can...
Google Pay is expanding its buy now, pay later (BNPL) options with the addition of Afterpay and Klarna. Afterpay’s BNPL is now available to consumers checking out online through Google Pay at select merchants, the BNPL provider said in a Tuesday (Nov. 19) press release....
